Viking Line Abp
Viking Line Abp, together with its subsidiaries, provides passenger and cargo carrier services. It operates through five vessels on the northern Baltic Sea and in the Gulf of Finland. The company was founded in 1959 and is headquartered in Mariehamn, Finland.
Viking Line Abp (VIK1V) - Net Assets
Latest net assets as of September 2025: €317.10 Million EUR
Based on the latest financial reports, Viking Line Abp (VIK1V) has net assets worth €317.10 Million EUR as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (€594.10 Million) and total liabilities (€277.00 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | €317.10 Million |
| % of Total Assets | 53.37% |
| Annual Growth Rate | -3.46% |
| 5-Year Change | 65.55% |
| 10-Year Change | 42.45% |
| Growth Volatility | 19.43 |
Viking Line Abp - Net Assets Trend (2000–2024)
This chart illustrates how Viking Line Abp's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Viking Line Abp (2000–2024)
The table below shows the annual net assets of Viking Line Abp from 2000 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | €321.50 Million | -0.53% |
| 2023-12-31 | €323.20 Million | +11.26% |
| 2022-12-31 | €290.50 Million | +7.83% |
| 2021-12-31 | €269.40 Million | +38.72% |
| 2020-12-31 | €194.20 Million | -17.40% |
| 2019-12-31 | €235.10 Million | +1.91% |
| 2018-12-31 | €230.70 Million | +2.95% |
| 2017-12-31 | €224.10 Million | +0.54% |
| 2016-12-31 | €222.90 Million | -1.24% |
| 2015-12-31 | €225.70 Million | +5.81% |
| 2014-12-31 | €213.30 Million | +12.86% |
| 2013-12-31 | €189.00 Million | +16.67% |
| 2012-12-31 | €162.00 Million | -2.59% |
| 2011-12-31 | €166.30 Million | +0.36% |
| 2010-12-31 | €165.70 Million | +0.23% |
| 2010-10-31 | €165.32 Million | +1.82% |
| 2009-12-31 | €162.37 Million | -0.14% |
| 2008-12-31 | €162.60 Million | +2.46% |
| 2007-12-31 | €158.69 Million | +13.54% |
| 2006-12-31 | €139.76 Million | +9.30% |
| 2005-12-31 | €127.87 Million | -7.21% |
| 2004-12-31 | €137.80 Million | -5.98% |
| 2003-12-31 | €146.56 Million | +0.87% |
| 2002-12-31 | €145.30 Million | +2.90% |
| 2001-12-31 | €141.21 Million | -81.14% |
| 2000-12-31 | €748.61 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Viking Line Abp's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 32320000000.0% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | €323.20 Million | 100.53% |
| Common Stock | €1.80 Million | 0.56% |
| Total Equity | €321.50 Million | 100.00% |
Viking Line Abp Competitors by Market Cap
The table below lists competitors of Viking Line Abp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Taitan Co Ltd
SHE:003036
|
$136.29 Million |
|
ITAB SHOP CONC. SK 0417
F:29I0
|
$136.31 Million |
|
Turcas Petrol AS
IS:TRCAS
|
$136.36 Million |
|
Quoc Cuong Gia Lai JSC
VN:QCG
|
$136.44 Million |
|
Easy Trip Planners Limited
NSE:EASEMYTRIP
|
$136.29 Million |
|
Singaraja Putra
JK:SINI
|
$136.23 Million |
|
Compucase Enterprise Co Ltd
TW:3032
|
$136.20 Million |
|
Eastech Holding Limited
TW:5225
|
$136.17 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Viking Line Abp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 323,200,000 to 321,500,000, a change of -1,700,000 (-0.5%).
- Net income of 16,000,000 contributed positively to equity growth.
- Dividend payments of 17,300,000 reduced retained earnings.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | €16.00 Million | +4.98% |
| Dividends Paid | €17.30 Million | -5.38% |
| Other Changes | €-400.00K | -0.12% |
| Total Change | €- | -0.53% |
Book Value vs Market Value Analysis
This analysis compares Viking Line Abp's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.12x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has increased from 1.00x to 1.12x over the analyzed period, suggesting growing market confidence.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2017-12-31 | €20.75 | €20.80 | x |
| 2018-12-31 | €21.36 | €20.80 | x |
| 2019-12-31 | €21.77 | €20.80 | x |
| 2020-12-31 | €17.98 | €20.80 | x |
| 2021-12-31 | €15.59 | €20.80 | x |
| 2022-12-31 | €16.81 | €20.80 | x |
| 2023-12-31 | €18.70 | €20.80 | x |
| 2024-12-31 | €18.61 | €20.80 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Viking Line Abp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 4.98%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 3.33%
- • Asset Turnover: 0.79x
- • Equity Multiplier: 1.89x
- Recent ROE (4.98%) is below the historical average (6.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2001 | 17.28% | 5.80% | 1.43x | 2.09x | €10.28 Million |
| 2002 | 13.95% | 5.04% | 1.41x | 1.96x | €5.74 Million |
| 2003 | 10.79% | 3.98% | 1.45x | 1.87x | €1.16 Million |
| 2004 | 9.44% | 3.38% | 1.50x | 1.86x | €-767.00K |
| 2005 | 0.64% | 0.21% | 1.63x | 1.84x | €-11.96 Million |
| 2006 | 7.48% | 2.57% | 1.67x | 1.74x | €-3.52 Million |
| 2007 | 15.66% | 5.70% | 1.69x | 1.62x | €8.97 Million |
| 2008 | 9.08% | 3.10% | 1.25x | 2.34x | €-1.50 Million |
| 2009 | 6.50% | 2.24% | 1.21x | 2.40x | €-5.68 Million |
| 2010 | 6.10% | 2.06% | 1.30x | 2.28x | €-6.45 Million |
| 2010 | 6.34% | 1.84% | 1.54x | 2.23x | €-6.07 Million |
| 2011 | 4.57% | 1.51% | 1.41x | 2.15x | €-9.03 Million |
| 2012 | 0.56% | 0.17% | 1.47x | 2.16x | €-15.30 Million |
| 2013 | 14.55% | 5.01% | 1.04x | 2.81x | €8.60 Million |
| 2014 | 14.35% | 5.80% | 0.99x | 2.50x | €9.27 Million |
| 2015 | 8.29% | 3.52% | 1.01x | 2.34x | €-3.87 Million |
| 2016 | 3.59% | 1.54% | 1.03x | 2.27x | €-14.29 Million |
| 2017 | 2.37% | 1.01% | 1.08x | 2.16x | €-17.11 Million |
| 2018 | 2.38% | 1.10% | 1.07x | 2.03x | €-17.57 Million |
| 2019 | 4.59% | 2.18% | 1.05x | 2.02x | €-12.71 Million |
| 2020 | -21.78% | -22.40% | 0.44x | 2.19x | €-61.72 Million |
| 2021 | 9.06% | 9.45% | 0.40x | 2.41x | €-2.54 Million |
| 2022 | 7.92% | 4.65% | 0.79x | 2.17x | €-6.05 Million |
| 2023 | 11.20% | 7.37% | 0.77x | 1.98x | €3.88 Million |
| 2024 | 4.98% | 3.33% | 0.79x | 1.89x | €-16.15 Million |
Industry Comparison
This section compares Viking Line Abp's net assets metrics with peer companies in the Marine Shipping industry.
Industry Context
- Industry: Marine Shipping
- Average net assets among peers: $351,560,535
- Average return on equity (ROE) among peers: -4.11%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Viking Line Abp (VIK1V) | €317.10 Million | 17.28% | 0.87x | $136.29 Million |
| Meriaura Group Oyj (MERIH) | $35.40 Million | -11.49% | 0.82x | $28.35 Million |
| AS Tallink Grupp (TALLINK) | $667.72 Million | 3.27% | 1.80x | $54.57 Million |